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2022
Flag → Flag
Exports $139kRnk 99 / 148
2022
Flag → Flag
Top Product $137kRaw Sugar
2022
Flag → Flag
Exports $9.7kRnk 106 / 139
2022
Flag → Flag
Top Product $9.62kExcavation Machinery
2022
Flag
Economic Complexity (ECI) ECI -0.97Rnk 110 / 133
2022
Flag  
GDP$15.7BCURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP GROWTH48.8%CURRENT US$
Rnk 66 / 186
2022
Flag
 GDP$15.4BCURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP GROWTH278%CURRENT US$
Rnk 1 / 186
2022
Flag
GDP PC $2,255CURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP PC GROWTH29.1%CURRENT US$
Rnk 66 / 186
2022
Flag
GDP PC$18,990CURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP PC GROWTH248%CURRENT US$
Rnk 1 / 186

About

Nicaragua-Guyana Trade: In 2022, Nicaragua exported $139k to Guyana. The main products that Nicaragua exported to Guyana were Raw Sugar ($137k), Soups and Broths ($1.53k), and Water ($195). Over the past 5 years the exports of Nicaragua to Guyana have increased at an annualized rate of 60.8%, from $13k in 2017 to $139k in 2022.

In 2022, Nicaragua did not export any services to Guyana.

Guyana-Nicaragua Trade: In 2022, Guyana exported $9.7k to Nicaragua. The main products that Guyana exported to Nicaragua were Excavation Machinery ($9.62k) and Other Knit Garments ($82). Over the past 5 years the exports of Guyana to Nicaragua have decreased at an annualized rate of 77.5%,  from $16.8M in 2017 to $9.7k in 2022.

In 2022, Guyana did not export any services to Nicaragua.

Comparison In 2022,  Nicaragua ranked 110 in the Economic Complexity Index (ECI -0.97),  and 111 in total exports ($7.92B). That same year, Guyana ranked 80 in total exports ($18.5B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nicaragua exported $139k to Guyana. The main products exported from Nicaragua to Guyana were Raw Sugar ($137k), Soups and Broths ($1.53k), and Water ($195). During the last 5 years the exports of Nicaragua to Guyana have increased at an annualized rate of 60.8%, from $13k in 2017 to $139k in 2022.

In 2017, Guyana exported $9.7k to Nicaragua. The main products exported from Guyana to Nicaragua were Excavation Machinery ($9.62k) and Other Knit Garments ($82). During the last 5 years the exports of Guyana to Nicaragua have decreased at an annualized rate of 77.5%, from $16.8M in 2022 to $9.7k in 2017.

Exports from Nicaragua (Flag) to Guyana (Flag) (2022)

Exports from Guyana (Flag) to Nicaragua (Flag) (2022)

Latest Data

Trade between Nicaragua (Flag) and Guyana (Flag)

Nicaragua Exports

Guyana Exports

Market Competitiveness

Color
Nicaragua
Top DestinationUnited States$4.09B
Guyana
Top DestinationPanama$5.84B

This map shows whether countries import more from Nicaragua or Guyana. Each country is colored based on the difference in imports they receive from Nicaragua and Guyana or the difference in the growth in imports.

In 2022, countries that imported more from Nicaragua than Guyana included United States ($4.09B), Mexico ($943M), and Honduras ($541M).

In 2022, countries that imported more from Guyana than Nicaragua included Panama ($5.84B), Netherlands ($2.86B), and United Arab Emirates ($1.18B).

Difference in imports from Guyana (Flag) and Nicaragua (Flag) (2022)

Comparative Advantage Nicaragua - Guyana

Flow
Scale

This chart compares trade between Nicaragua and Guyana by product, considering products traded by both, Nicaragua and Guyana.

During 2022, Nicaragua had a large net trade with Guyana in the exports of Foodstuffs ($139k) and Metals ($163).

During 2017, Guyana had a large net trade with Nicaragua in the exports of Machines ($9.62k) and Textiles ($82).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Nicaragua and Guyana. This means that a dot/product with the flag of Nicaragua indicates it has a comparative advantage over Guyana. Similarly, a dot/product with the flag of Guyana indicates it has a comparative advantage over Nicaragua.

Product Space of Nicaragua (Flag) and Guyana (Flag) (2022)

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